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News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.
Asia round-up: NagaCorp GGR declines, Grand Emperor Hotel to cease operations & more
NagaCorp reports 14% GGR decline for Q1 2022
NagaCorp has reported gross gaming revenue of $109.9m for the three months ended 31 March 2022, a 14% decline from the prior-year period.
Net gaming revenue did, however, improve from $72.6m in the three months ended 31 March 2021 to $96.9m for the three months ended 31 March 2022. EBITDA grew 58% to $60.5m.
In the voluntary announcement, the group noted that it continues to see bu...
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Elantil: The Game-Changer Redefining iGaming Infrastructure
With the majority of current online casino platforms being inflexible and filled with hidden inefficiencies, Elantil is a revolutionary new concept in the iGaming space built to remove barriers and...
With the majority of current online casino platforms being inflexible and filled with hidden inefficiencies, Elantil is a revolutionary new concept in the iGaming space built to remove barriers and...
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26 March, 2025
India: states hold authority over online gaming and betting laws, says IT Minister
In a recent parliamentary exchange, Union IT Minister Ashwini Vaishnaw emphasised that betting and gambling are constitutional state subjects, responding to a query from DMK MP Dayanidhi Maran about online gaming regulation.26 March, 2025
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